Do you want to trade Forex without indicators? Well, I’ll show you exactly how to do that! In this live price action trade video I enter a long reversal trade on the NZD/USD daily chart.
The great thing about trading daily charts is that they are low maintenance. This trade took me less than two hours to enter, manage, and exit successfully. While the trade was open for several days, I did not need to check in on it constantly. I checked it a few times on the Friday when I entered, and then a few times on Sunday and Monday at market open.
No indicators, no fuss, pure price action trading!
The trade was a NZD/USD Long with a 1:2 risk to reward ratio and a pip gain of 87. Enjoy the video and feel free to ask any questions below.
LG
Great trade, my friend. Thanks for posting this.
Daleen
Hi Nick, so what can I do to learn your technique?
thanks!
Norman
Nice trade Nick. Not like you to take a trade over a weekend? As a potential Forex Masterminder I’ve been missing your midday analysis, thought you had gone AWOL. Did anything ever happen with the proposed live training session that was mentioned for 19th November? I didn’t see any follow-up email for registration.
Norman
TK
Great analysis Nicks and very informative. Thanks
richy
thanks Nick, keep me in mind for the advanced course, cheers Richy
kerry
Thanks Nick.
The great thing about trading is I am continuely learning and you have such a good way of explaining things.
Kind Regards
Kerry
Abhishek Sahu
Hello Sir,
I’m a new trader in FX market, actually I’m studing with your platform. I’m using iforex.com can I tell me how to get charting platform.
Jeff
Hi Nick,
During your analysis when you find a good potential trade you nearly always conclude by saying that you need to apply your further entry Analysis before actually entering , what I am asking is can you share that extra process that you go through with us . I understand if that’s reserved for your paying students but just thought I’d ask.
Many thanks Nick.
Jeff
Yakir
Great post, Thanks nick
THABO
Hi Nick, That was helpful. Thanks for the Tips!
Ali mamdani
I would like to join free webinar on price action stretagy. Pls let me know thank you.
Sharif Mohammad Ashik
Really dedicated analysis (:
Callum Mccormack
Love the way you trade! explain things so simply! I’ve been trading well learning for a year now.. is there any way I can come on board with you and learn?
Nazmul Hossain
Best Trade, Thanks for shearing with us.
Iman
this vid answered my question on how to properly exit a trade….thanks!